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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Boplicity who wrote (7299)	10/11/2000 1:36:58 PM
From: edamo	Respond to of 65232

greg.... not many "tricks" other then a trend reversal that can save a depreciating asset!!!! still need the price to rise to fix what is broke! ed a.

To: Boplicity who wrote (7299)	10/11/2000 2:22:27 PM
From: solihull	Read Replies (1) \| Respond to of 65232

Re: GMST Hi Greg. Does anyone have any hocus pocus on GMST's heavy volume sell off today? Uncertainty with picture being too far out? A story stock far from fruition and now under Murdoch's shadow? Where do we go from here? 30? 20? 10? Thanks. john

To: Boplicity who wrote (7299)	10/11/2000 2:27:13 PM
From: RR	Read Replies (1) \| Respond to of 65232

Greg: Couple of more things I just thought of to add to my earlier post. 1. Risk - It's a function of risk as well. Key factor. You've probably heard me say over and over that I personally believe a primary life goal should be to become debt free. I hate debt. I hate margin. Those that can assume more risk will of course have a much different decision point on when it's time to close a position. Some will feel the agony and pressure to sell sooner than others. 2. When I consider closing a position, I may only close a portion of it and hold the remainder assuming more risk in doing so. I didn't clarify that in my previous post. I got to thinking that many times as a safety feature when assessing if a position has or might be turning against me, I'll sell maybe half and take it off the table just to play it safe. I've done that a lot recently with JDSU while I scratch my head on those Dec calls I hold. I'll do this typically when I hear some potentially bad news that could, or has, negatively impact the stock. I'll sell part and wait to see what develops. Rick